Listed by Wattenbarger Commercial, SVN | SouthLand Commercial Pensacola
Unpriced
Hard Corner Panama City Beach Hutchison Blvd
Details
Property Type Retail
Sub Type Restaurant, Commercial
Square Footage 5,135
Lease Type Absolute NNN
Remaining Term 6
Year Built 1999
Acreage 1.393
Zoning Commercial High Intensity (CH)
Parking Spaces 95 spaces
Parking Per SqFt 18.50
5,135 SqFt
Marketing description
The property at 10071 Hutchison Boulevard offers a 5,135 ± SF freestanding restaurant building situated on 1.39 ± acres in the heart of Panama City Beach, Florida. The building will be delivered vacant and free of any leasehold interests at closing, providing an ideal opportunity for an owner-user or redevelopment project. The property features a well-designed floor plan with existing kitchen infrastructure, multiple dining areas, and ample on-site parking.
This offering presents a rare opportunity to acquire a nearly Turn Key restaurant property located at a signalized hard corner in Panama City Beach, Florida. The 5,135 SF freestanding building—formerly operated as Applebee’s. The property is located at the southeast corner of Hutchison Boulevard and Churchwell Drive, featuring full access via a traffic signal and exceptional visibility. With 95 total parking spaces (18.5 per 1,000 SF), the site offers excellent fundamentals for continued investment income or future repositioning.
Location Description
10071 Hutchison Blvd is located on the southeast corner of Hutchison Blvd and Churchwell Drive. The property benefits from signalized intersection access and strong visibility from all directions. Hutchison Blvd is a key east-west connector between Front Beach and Middle Beach Roads. The site is surrounded by national retailers, attractions, and resorts in one of Panama City Beach’s most trafficked commercial zones.
Investment highlights
- 5,135 SF Freestanding Restaurant on 1.393 Acres
- Signalized Hard Corner | 95 Parking Spaces
- Former Applebee's -Delivered Vacant at Closing - ideal for owner-user or redevelopment
- Zoned Commercial High Intensity (CH) – Ideal for Restaurant, Retail, or Redevelopment
- Former Applebee’s with Existing Kitchen Infrastructure
- 5,135 SF Freestanding Restaurant
- 1.393 Acres at a Signalized Hard Corner -SEC Hutchison Blvd & Churchwell Dr
- Parking: 91 Spaces + 4 Handicap (Ratio: 18.5:1,000 SF)
- Zoning: Commercial High Intensity (CH | PCB)
- Surrounded by Tourist Lodging, Retail, and Entertainment
Listing Contacts
Listed by Wattenbarger Commercial, SVN | SouthLand Commercial Pensacola
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Loan Amount
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Annual Cash Flow
$240,828.47
$20,069.04/mo
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